Tag: $Lockheed Martin

U.S. weapons maker Lockheed Martin cut its full-year delivery forecast for F-35 jets as delays at supplier L3Harris Technologies held up development of an upgraded version of the aircraft, the company said on Wednesday.

Defense companies in the U.S. have been successful in translating demand for air defense systems, missiles and other weapons into orders, triggered by the war in Ukraine and increasing tension in U.S.-China relations.